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Property profile & analytics
OFF-MARKET
Office Units

200 Main St Kernersville, NC 27284

2,486 SF Built 1925
Property ID
US53-5758470
Property summary
AI-generated overview

This exceptional 2,486 square foot creative office space is situated on a desirable corner lot in the heart of downtown Kernersville, North Carolina. The property boasts approximately 140 feet of road frontage on South Main Street, offering excellent visibility and accessibility. Built in 1925 and renovated in 1968, this two-story building sits on a 0.59-acre lot and is zoned PB. The asking price is $695,000, translating to $279.57 per square foot. The strong demographics of the area further enhance the investment potential, with a population of 31,417 within 3 miles and an average household income of $75,610 within the same radius. Expanding the radius to 5 miles, the population increases to 63,610, and the average household income rises to $80,615. This presents a unique opportunity to acquire a well-located, established commercial property in a thriving community. The building's history and prime location combine to offer a compelling investment prospect. This property is ready for immediate occupancy and presents a rare chance to own a piece of Kernersville's vibrant downtown.

Property profile
Verified
Property type Office Units
Year built 1925
Total area 2,486 SF
UPID US53-5758470
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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